Rajeev Ravindran - 07 Feb 2025 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role
EVP & CIO
Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
07 Feb 2025
Net transactions value
-$649,373
Form type
4
Filing time
11 Feb 2025, 21:23:44 UTC
Previous filing
28 Feb 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Award $0 +8,152 +98% $0.000000 16,512 07 Feb 2025 Direct F1
transaction R common stock Tax liability $513,430 -3,251 -20% $157.93 13,261 07 Feb 2025 Direct F2
transaction R common stock Award $0 +1,519 +11% $0.000000 14,780 07 Feb 2025 Direct F3
transaction R common stock Award $0 +3,799 +26% $0.000000 18,579 07 Feb 2025 Direct F4
transaction R common stock Tax liability $37,114 -235 -1.3% $157.93 18,344 09 Feb 2025 Direct F5
transaction R common stock Tax liability $45,048 -286 -1.6% $157.51 18,058 10 Feb 2025 Direct F6
transaction R common stock Tax liability $53,781 -340 -1.9% $158.18 17,866 11 Feb 2025 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With respect to performance-based restricted stock rights (PBRSRs), 8,152 shares were earned out of the 4,076 shares granted on February 11, 2022. The PBRSRs vested upon Board approval.
F2 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of PBRSRs granted to the reporting person on February 11, 2022.
F3 Represents time-based restricted stock rights (TVRSRs) granted to the reporting person by the Company, which vest ratably over a term of three years.
F4 Represents time-based restricted stock rights granted to the reporting person by the Company, which will vest 100% on February 7, 2028.
F5 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 9, 2024.
F6 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 10, 2023.
F7 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 11, 2022.
F8 Includes 148 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.